Office for Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Chicago, IL 60603
Description
Now available for sublease, office located at 72 W Adams St Chicago, Illinois 60603. Available square footage 14,478 SF.
Market Context
This office in Chicago, IL is listed for sale. It has been on the market for 26 days. Compare it against other office listings for sale in Chicago, IL — <a href="/search/sale/office/illinois/chicago">view the full market</a>.
As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- What is the typical cap rate for office in Chicago?
- About 9.8% as of Q1 2026, per Consensus.
- Is the Chicago office market tightening or softening?
- Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).
Contact
- Terry Mostrom · terry.mostrom@jll.com
Explore this market
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